12 bank accounts of Rotomac owner Vikram Kothari seized by IT dept

     Written by : SMTV24x7 | Sat, Feb 24, 2018, 12:09 AM

12 bank accounts of Rotomac owner Vikram Kothari seized by IT dept

New Delhi, Feb 24: A CBI court on Friday sent Rotomac owner Vikram Kothari and his son Rahul to one-day transit remand while the Income Tax department seized 12 bank accounts of the group and issued six prosecution against the businessman in connection with the Rs 3,695 crore loan default.

Additional Chief Metropolitan Magistrate Samar Vishal at the Patiala House courts passed an order for a day's remand after the Central Bureau of Investigation (CBI) sought a two-day transit remand to take the father and son to Lucknow.

The duo will be produced before the court concerned in Lucknow on Saturday.